Markets 2024-09-12T15:59:39Z Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low The $55 to $60 level has acted as a floor for Occidental ...
Occidental Petroleum aims to build out a leading carbon capture and sequestration business. The oil company believes CCS ...
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The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buying in 2022, but that floor ...
A steady decline in oil prices this year has led to one of Warren Buffett's big stock bets to turn sour. Shares of Occidental Petroleum have plunged 29% since mid-April and are down 15% ...
Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company. The decline aligns with a 23% drop in crude oil prices on concerns about demand ...
Warren Buffett's Berkshire Hathaway shows caution by halting purchases of Occidental Petroleum shares, despite aiming for 50% ...
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